2014

In order to speed up the arrival of emergency services, in the event of an accident, by 40-50%, the European Commission wants to introduce an EU-wide, standard emergency system for road traffic ("eCall"). An eCall device inside the vehicle will allow an emergency call to be sent, either automatically in the case of a "severe accident" or manually by the occupants of the vehicle, via the mobile telephone network to an emergency response centre. The aim is to reduce the number of fatalities and severe injuries caused by road accidents.

2014

The EU Commission proposes an extensive overhaul of the digital single market rules. Part 2 of the cepPolicyBrief deals with the notification requirement for telecomms providers, radio frequencies and virtual broadband access.

Part 1 of the cepPolicyBrief concerns net neutrality and the full harmonisation of the rights of end-users. The change to the Roaming Regulation and cross-border fixed-network connections within the EU will be considered in Part 3.

2014

In principle, every tax-liable business must submit a VAT return. The Commission wants to introduce an EU-wide mandatory standard VAT return. This consists of a standard form, harmonised tax periods and deadlines for the submission of VAT returns as well as harmonised rules on making corrections to the VAT return.

2014

The European Commission argues in favour of targeted support for CCS and puts various options up for discussion: subsidies for CCS investors, CO2 emission performance standards or a mandatory CCS certificate system for carbon emitters such as power stations and industrial plants.

2014

The updated cepDefault-Index shows that the creditworthiness of the individual crisis countries is developing in different directions. The same applies to the core Eurozone countries.

In the group of crisis countries, Ireland and Spain make a positive impression as the creditworthiness of both countries is increasing. Unlike Greece, which is still a long way from regaining its creditworthiness. In Italy too, the erosion of creditworthiness continues.

In the group of core countries, Belgium and Finland are showing a reduction in creditworthiness for the first time. In France, a clear reversal of the downward trend in creditworthiness is still not apparent.

The cepDefault-Index 2014 is divided into two sections: The creditworthiness trends for Belgium, Finland, France, Greece, Ireland, Italy, Portugal and Spain are presented with detailed explanations. The creditworthiness trends for the remaining euro and EU countries, as well as other economies such as Switzerland, South Korea and the USA, are set out in the Annex.

2014

Airlines can only emit greenhouse gases if they own the corresponding emission rights ("certificates"). Since 2012, all flights have, in principle, been obliged to own certificates for the entire flight distance between two EU airports and flights between an EU airport and an airport in a non-EU country. As the inclusion of aviation in the EU Emission Trading System (ETS) has come up against considerable international opposition, the EU resolved that, in 2012, the ETS would only apply to flights between EU airports. The European Commission now proposes that airlines should require certificates for emissions from flights to and from third party countries between 2014 and 2020 in respect of the distance flown over the European Economic Area (EEA).

2014

The Communication sets out the up-dated EU crisis rules for state aid to banks during the crisis from 1st August 2013. It replaces the 2008 Banking Communication and supplements the remaining crisis rules. Together, they define the common EU conditions under which Member States can support banks with funding guarantees, recapitalisations or asset relief and the requirements for a restructuring plan.

2014

The Commission intends all phases of the public procurement process to take place electronically from end to end and software systems for this to be compatible EU-wide. A binding European standard is to be developed for electronic invoicing, in particular.

2014

Youth unemployment has risen dramatically as a consequence of the economic and debt crisis in the EU. The Commission presents the Member States with various measures to combat the high youth unemployment level. In this regard it emphasises that the Member States can only increase their competitiveness and thereby achieve more growth and employment by way of “deep structural reforms”.